Summary Info
Exercise Date of the cash dividend right.
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
13.03.2025
Date of Related General Assembly
03.04.2025
Was The Issue of Dividend Payment Negotiated?
Discussed
Type of Cash Dividend Payment
Payment In Advance
Currency Unit
TRY
Stock Dividend
Will Not Be Paid
Cash Dividend Payment Amount and Rates
Share Group Info
Payment
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (%)
Withholding Rate (%)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (%)
GWIND, TREGWIN00014
Payment In Advance
0,6407407
64,07407
15
0,5446295
54,46295
Dividend Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
26.11.2025
28.11.2025
27.11.2025
(1) The date that the dividend will be paid and the share will start trading without dividend right (proposed).
(2) The date that the dividend will be paid and the share will start trading without dividend right (finalized).
(3) Date of entry to the accounts of the shareholders whose shares are traded on the stock exchange.
(4) Date of determination of the right holders of the type of shares traded on the stock exchange.
Cash Dividend Payment Time Interval
First Ex-Date Possible (Proposed)
Last Ex-Date Possible (Proposed)
First Ex-Date Possible (Approved by General Assembly)
Last Ex-Date Possible (Approved by General Assembly)
31.12.2025
Amount and Rate of Cash Dividend Stock Dividend Payment
Share Group Info
Amount of Stock Dividend (TL)
Rate of Stock Dividend (%)
GWIND, TREGWIN00014
0
0
Additional Explanations
The Board of Directors, in compliance with the Turkish Commercial Code ("TCC"), Capital Markets Legislation, regulations of the Capital Markets Board ("CMB"), Corporate Tax, Income Tax, and other relevant legal provisions, as well as the provisions of our company's Articles of Association and the Company's Dividend Distribution Policy, alongside the CMB's decision published on March 7, 2024, under announcement 2024/14 and decision number 14/382, proposed the following resolutions regarding the financial period from January 1, 2024, to December 31, 2024:

- Based on the Consolidated Financial Statements prepared in accordance with the "Principles on Financial Reporting in Capital Markets" under CMB's II-14.1 and the Accounting and Auditing Standards Authority ("KGK") published Turkish Accounting Standards ("TAS") and Turkish Financial Reporting Standards ("TFRS"), and pursuant to Article 9(b) of Decree-Law No. 660, adapted by KGK's decision on July 4, 2024, and publicly announced TFRS Taxonomy 2024, the presentation bases determined by CMB's relevant decisions were considered. After accounting for "Deferred Tax Expense" and "Period Tax Expense," a "Net Period Profit" of 834,410,071 Turkish Liras was realized; from this amount, "Statutory Legal Reserve" of 20,124,817.28 Turkish Liras calculated according to TCC Article 519(1) and donations made in the year 2024 amounting to 19,698,495 Turkish Liras were deducted, resulting in a "Net Distributable Period Profit" of 833,983,748.72 Turkish Liras.

- According to the tax legislation-compliant financial statements, after the inflation adjustment of the balance sheet dated December 31, 2024, the "Prior Year Profits/(Losses)" account, which included the current year's profit of 402,496,345.67 Turkish Liras, reflected a negative balance of 2,495,886,015.47 Turkish Liras, offset by an equivalent amount in the "Inflation Adjustment Differences" related to Equity Accounts. Accordingly, a net period profit of 402,496,345.67 Turkish Liras was recorded.

- According to the Legal Accounting Records maintained as per the Uniform Chart of Accounts ("General Communiqué on Accounting System Application") published by the Ministry of Finance of the Republic of Turkey for the financial period from January 1, 2024, to December 31, 2024, after deducting the "Period Tax Expense," a "Net Period Profit" of 402,496,345.67 Turkish Liras was achieved. After allocating the "Statutory Legal Reserve" of 20,124,817.28 Turkish Liras as required by TCC Article 519(1), a "Net Distributable Period Profit" of 382,371,528.39 Turkish Liras was established.

- The Legal Accounting Records for the 2024 financial period were used as the basis for the profit distribution:

- From the "Net Distributable Period Profit" of 2024, which amounted to 382,371,528.39 Turkish Liras in the Legal Accounting Records, a first dividend of 27,000,000.00 Turkish Liras, representing 5% of the paid-in capital, was distributed.

- After setting aside a "General Legal Reserve" of 35,537,152.84 Turkish Liras as per TCC Article 519(2)(c), a second dividend of 319,000,000.00 Turkish Liras was distributed.

- Accordingly, a gross dividend payment of 346,000,000.00 Turkish Liras, equivalent to 64.07% of the "Issued Capital," was approved, resulting in a net cash dividend payment of 294,100,000.00 Turkish Liras. The commencement of this dividend distribution is to be no later than December 31, 2025.

- Within the framework of CMB and KGK regulations and in accordance with the TAS and TFRS-compliant consolidated financial statements, the above-mentioned legal and specific provisions were deducted, and undistributed profits amounting to 432,748,100.88 Turkish Liras were transferred to the "Prior Years' Profits and Losses" account. According to the Legal Accounting Records, after deducting the mentioned legal provisions, undistributed profits amounting to 834,375.55 Turkish Liras were also transferred to the "Prior Years' Profits and Losses" account.

These matters shall be submitted for approval at the General Assembly Meeting.

This statement has been translated into English for informational purposes. In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the Turkish version shall prevail.

Supplementary Documents
Appendix: 1
Kar Dağıtım 2024 GK sonrası.pdf
Appendix: 2
Profit Distribution 2024 after AGM.pdf
DIVIDEND DISTRIBUTION TABLE
GALATA WIND ENERJİ A.Ş. 01.01.2024/31.12.2024 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
540.000.000
2. Total Legal Reserves (According to Legal Records)
142.362.683,15
Information on privileges in dividend distribution, if any, in the Articles of Association:
Not Applicable
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
1.203.052.194
510.846.543,55
4. Taxes Payable (-)
-368.642.123
-108.350.197,88
5. Net Current Period Profit
834.410.071
402.496.345,67
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
-20.124.817,28
-20.124.817,28
8. Net Distributable Current Period Profit
814.285.253,72
382.371.528,39
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
0
0
9. Donations Made During The Year ( + )
19.698.495
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
833.983.748,72
382.371.528,39
11. First Dividend to Shareholders
27.000.000
27.000.000
* Cash
27.000.000
27.000.000
* Stock
0
0
12. Dividend Distributed to Owners of Privileged Shares
0
0
13. Other Dividend Distributed
0
0
* To the Employees
0
0
* To the Members of the Board of Directors
0
0
* To Non-Shareholders
0
0
14. Dividend to Owners of Redeemed Shares
0
0
15. Second Dividend to Shareholders
319.000.000
319.000.000
16. Secondary Legal Reserves
35.537.152,84
35.537.152,84
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. Extraordinary Reserves
432.748.100,88
834.375,55
20. Other Distributable Resources
0
0
Dividend Payment Rates Table
Share Group
CASH DIVIDEND AMOUNT (TL) - NET
STOCK DIVIDEND AMOUNT (TL)
TOTAL DIVIDEND AMOUNT (TL) / NET DISTRIBUTABLE CURRENT PERIOD PROFIT (%)
DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (TL)
DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (%)
- - -
294.100.000
35,26
0,5446
54,463
TOTAL
294.100.000
35,26
0,5446
54,463
Dividend Rate Table Explanations

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